Skip To Content

    36 Paloma Avenue

    Venice, CA 90291
    • $2,575,000
    • STATUS: Active
    • ON SITE: 115 days
    • ID#: 21677120
    UPDATED: 16 min ago
    $2,575,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,120
      SQFT
    • $825
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    PROBATE SALE. Court Confirmation MAY BE required. Triplex in Venice, for sale AFTER 35 years! Stone-throw away from Venice Beach. Top floor 3 bed 2.5 bath unit, approx. 1,600SF, delivered vacant. Other 2 units are tenant occupied. Property is subject to City of LA Rent Stabilization Ordinance. All units separately metered for electricity. Great upside potential. Sold "As Is" And "Where Is" with current tenants in place. Income details below assumes market rent of $6,500 for the vacant 3 bedroom unit. Seller is a Court appointed fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-17T12:39:04.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/113529147
    Print Image

    36 Paloma Avenue Venice, CA 90291

    • Price: $2,575,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 21677120
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    3,120
    SQFT
    $825
    $/SQFT
    1964
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    PROBATE SALE. Court Confirmation MAY BE required. Triplex in Venice, for sale AFTER 35 years! Stone-throw away from Venice Beach. Top floor 3 bed 2.5 bath unit, approx. 1,600SF, delivered vacant. Other 2 units are tenant occupied. Property is subject to City of LA Rent Stabilization Ordinance. All units separately metered for electricity. Great upside potential. Sold "As Is" And "Where Is" with current tenants in place. Income details below assumes market rent of $6,500 for the vacant 3 bedroom unit. Seller is a Court appointed fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations.
    Exterior Features

    Carport Spaces 3 Carport YN Yes Direction Faces North Number Of Separate Electric Meters 3 Parking Features CarportDoor-MultiGarage Parking Total 5 Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Fireplace Features None Fireplace YN No Flooring Carpet Heating Wall Furnace Heating YN Yes

    Property Features

    Disclosures Coastal ZoneRent ControlTrust/Conservatorship Garage YN Yes Gross Income 120920 Laundry Features Inside Levels Two Listing Agreement Probate Listing Service Full Service Listing Terms Cash Net Operating Income 70738 Number Of Units Leased 2 Possession Close Of Escrow Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Other Special Listing Conditions Probate Listing Tenant Pays ElectricityGas Zoning Lard1.5

    Listing provided courtesy of Vineendra Jain of Ingenious Asset Group, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-17T12:39:04.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365124245-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365124245-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365124245-1.jpg
    Logo
    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505